Here’s what we are looking for in tomorrow’s economic reports (August 26, 2019) — Good Luck Trading!
1. NZ Trade Balance (18:45 ET) Bearish NZD — Potential downside surprise given weaker manufacturing activity
2. German IFO (04:00 ET) Bullish EUR — Potential downside surprise given major weakness in ZEW and industrial production but ZEW higher
We have just posted our weekly news trading calendar for the week of August 26, 2019. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.
Here’s what we are looking for in tomorrow’s economic reports (August 23, 2019) — Good Luck Trading!
1. CAD Retail Sales (08:30 ET) Bearish CAD — Potential downside surprise given weaker job growth in June
2. US New Home Sales (10:00 ET) Bullish USD — Potential upside surprise given stronger existing home sales
Here’s what we are looking for in tomorrow’s economic reports (August 22, 2019) — Good Luck Trading!
1. EZ PMIs (03:30 ET) Bearish EUR — Potential downside surprise given significant deterioration in ZEW and lower industrial production
2. US Markit PMIs & Leading Indicators (09:45 ET) Bullish USD — Potential upside surprise given stronger Philly Fed and Empire State surveys
Here’s what we are looking for in tomorrow’s economic reports (August 21, 2019) — Good Luck Trading!
1. CAD CPI (08:30 ET) Bullish CAD — Potential upside surprise given rise in price component of CPI
2. US Existing Home Sales (10:00 ET) Bullish USD — Housing market should benefit from lower interest rates
3. FOMC Minutes (14:00 ET) No Trade — As the market looks forward to September rate cut, the FOMC minutes could be very market moving
Here’s what we are looking for in tomorrow’s economic reports (August 20, 2019) — Good Luck Trading!
1. RBA Minutes (21:30 ET) No Trade — The RBA minutes can be very market moving but its difficult to say whether the central bank will be dovish enough
2. GE PPI (02:00 ET) Bullish EUR — Potential upside surprise as CPI was slightly higher
Here’s what we are looking for in tomorrow’s economic reports (August 16, 2019) — Good Luck Trading!
1. NZ PMI Services & PPI (18:30 ET) Bearish NZD — Potential for weakness given significant drop inn PMI manufacturing
2. EZ CPI (05:00 ET) No Trade — Revisions are difficult to predict but changes can be market moving
We have just posted our weekly news trading calendar for the week of August 19, 2019. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.a
Here’s what we are looking for in tomorrow’s economic reports (August 16, 2019) — Good Luck Trading!
1. NZ PMI Manufacturing (18:30 ET) Bearish NZD — RBNZ’s 50bp cut suggests weaker data
2. EZ Trade Balance (05:00 ET) Bearish EUR — Potential downside surprise given weaker German and French trade balance
3. US Housing starts & building permits (08:30 ET) Bullish USD — Prospect of lower rates should bolster housing
4. US University of Michigan Sentiment Index (10:00 ET) Bearish USD — Sentiment likely to be weakened by drop in stock
Here’s what we are looking for in tomorrow’s economic reports (August 15, 2019) — Good Luck Trading!
1. AU Employment Report (22:30 ET) Bearish GBP — Labor data likely to be weaker given softer employment conditions in service and manufacturing sectors
2. UK Retail sales (04:30 ET) Bearish GBP — Drop in shop prices and smaller than expected uptick in BRC retail sales signals weaker spending. But wages were up
3. US Retail Sales (04:30 ET) Bullish USD — Retail sales should be supported by rise in wages and higher Redbook spending numbers
Here’s what we are looking for in tomorrow’s economic reports (August 14, 2019) — Good Luck Trading!
1. Chinese IP and Retail Sales (20:00 ET) No Trade — Chinese data is difficult to predict but weak numbers will be very worrisome
2. Q2 German GDP (02:00 ET) Bearish EUR — Between weaker retail sales and sharp drop in German ZEW, GDP growth may have slowed materially
3. UK CPI (04:30 ET) Bearish GBP — Potential downside surprise as PMIs report softer price growth
4. EZ Q2 GDP (05:00 ET) Bearish EUR — etween weaker retail sales and sharp drop in German ZEW, GDP growth may have slowed materially
Here’s what we are looking for in tomorrow’s economic reports (August 13, 2019) — Good Luck Trading!
1. German CPI (02:00 ET) No Trade — Revisions are difficult to predict but changes can be market moving
2. UK Employment Report (04:30 ET) Bearish GBP — Looking for downside surprise given after manufacturing sector reports 4th straight drop in employment. Service and construction sector also reports job losses
3. German ZEW Survey (05:00 ET) Bearish EUR — Potential downside surprise as sentiment will be dented by trade tensions
4. US CPI (08:30 ET) Bearish USD — Lower US PPI, gas and oil prices points to weaker CPI
